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United States Senate Resolution No. 4, April 23 2009

Original Language Title: Resolução do Senado Federal nº 4, de 23 de abril de 2009

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I make it known that the Federal Senate has approved, and I, Mao Santa, in the exercise of the presidency, in the terms of the art. 48, inciso XXVIII, of the Rules of Procedure, promulgated the following

R E S O L U UNK UNK UNK

No. 4, DE 2009

Authorizes the Federative Republic of Brazil to hire external credit operation with the International Bank for Reconstruction and Development (Bird), worth up to US$ 83,450,000.00 (eighty-three million, four hundred and fifty thousand U.S. dollars), whose resources are intended for partial funding of the?Family Health Expansion and Consolidation Project (Proesf II)?.

The Federal Senate resolves:

Art. 1º It is the Federative Republic of Brazil authorized to hire external credit operation together with the International Bank for Reconstruction and Development (Bird), worth up to US$ 83,450,000.00 (eighty-three million, four hundred and fifty thousand U.S. dollars).

Single Paragraph. Are the features advinted from the external credit operation referred to in the caput intended for partial financing of the?Family Health Expansion and Consolidation Project (Proesf II)?.

Art. 2º The credit operation referred to in art. 1º should be carried out under the following conditions:

I? creditor: International Bank for Reconstruction and Development (Bird) ;

II-loan value: up to US$ 83,450,000.00 (eighty-three million, four hundred and fifty thousand U.S. dollars) ;

III-modality: fixed margin loan (Fixed Spread Loan) ;

IV-disbursement deadline: up to 5 (five) years, counted as of the date of entry into force of the contract ;

V? amortization: in 50 (fifty) semi-annual, consecutive plots and, as far as possible, equal. The first amortization quota is to be paid on August 15, 2013 and the last until February 15, 2038, each of the plots will correspond to 2% (two per cent) of the disbursed value ;

VI-interest: required semester, on the same dates of payment of amortization, and calculated on the periodic debtor balance of the loan, at a rate composed of the interest rate Libor semiannual to US dollar increased from one?spread? to be determined by the Bird every fiscal year and set on the date of the signing of the contract ;

VII-interest arrears: 0.50% a.a. (fifty hundredths per year), plus interest due and not yet paid after 30 (thirty) days of the expected date for your payment ;

VIII-commission in sight: 0.25% (twenty five hundredths per cent) on the value of the loan, the be debited on the date on which the contract comes into effect.

Art. 3º The maximum period for the exercise of this authorization is 540 (five hundred and forty) days, counted from its publication.

Art. 4º This Resolution comes into force on the date of its publication.

Art. 5º Revoga-if the 2008 Resolution 39 of the Federal Senate.

Federal Senate, on April 23, 2009.

Senator Mao Santa

in the exercise of the Presidency of the Federal Senate